Author Archive: Jeremy Parkinson
European Carmakers’ Struggles Likely To Continue In 2025, Analysts Forecast
Image Source: Unsplash The European automobile industry finds itself at a critical juncture as it transitions toward electrification.Mounting competition from Chinese manufacturers, stricter carbon regulations, and subdued demand for electric vehicles (EVs) are creating a volatile environment.Industry analysts warn that the challenges of 2024 will likely persist into 2025, with little respite for automakers, according to […]
Gap Inc: Chart Analysis
Image Source: Unsplash Bob Lang gives technical analysis of the stock chart for GAP.Video Length: 00:02:31More By This Author:5 Things Driving The Bullish Stock Market Trend Right Now Lowe’s Companies Inc: Chart Analysis A Normalized Yield Curve Is Good For The Stock Market
Google to launch advanced AI agents under its new Gemini 2.0 release
Key Takeaways Google launches advanced AI agents to lead the agentic era as part of its new Gemini 2.0 release. Google introduces Deep Research feature in Gemini 2.0, enabling advanced reasoning and report compilation for complex topics. Share this article Google has announced its plans to launch advanced AI agents under its new Gemini 2.0 […]
November Consumer Inflation Remains Well-Contained Except For Shelter And Transportation Services
Let me pick up where I left off yesterday discussing trends in consumer prices.One thing I have done every month for the last couple of years is to review all the categories for any “hot” numbers showing price increases of 4.0% a year or more. And a propos of yesterday, as of this morning we […]
Nutanix Is A Cloud IT Provider Worth Watching
Image Source: Unsplash Whether you are familiar with the world of enterprise IT or not, it is likely you have heard of the decades-long transition to “cloud computing”.20 years ago, the IT infrastructure (computers, storage, networking) of most major enterprises was built internally in “on-premises” data centers. That means the company itself purchased the buildings and […]
FTSE Reverses From Two-Week Low On U.S. Inflation As Fed Rate Move Locked
Image Source: Pexels The FTSE 100, the UK’s main stock index, dropped to a two-week low on Wednesday as Ashtead continued to decline, while investors cheered U.S. inflation figures that solidified the Federal Reserve’s decision to cut rates in December. The UK benchmark reversed early losses to trade higher on the session, gaining over 0.5%. Precious metal […]
Another 50bp Bank Of Canada Cut, But Smaller Moves Lie Ahead
The Bank of Canada cut its policy interest rate 50bp at a second meeting in a row. Inflation is already at target, growth is disappointing and excess supply in the economy is growing. This will justify further rate cuts ahead but at a slower pace in 2025, having already loosened policy by 175bp since June.Photo by Michelle Spollen on Unsplash […]
Upswing On Small Business’s Optimism & WASDE Update. The Corn & Ethanol Report
We kicked off the day with MBA 30-Year Mortgage Rate, MBA Mortgage Applications. MBA Mortgage Market Index, MBA Mortgage Refinance Index, and MBA Purchase Index at 6:00 A.M., Core Inflation Rate MoM & YoY, Inflation Rate MoM & YoY, CPI and CPI s.a. at 7:30 A.M., EIA Energy Stocks at 9:30 A.M., 17-Week Bill Auction […]
Inflation Remains A Problem
The consumer price index (CPI) increased +0.3% in November, the highest monthly increase in the last 6 months. Although it was right in line with what the street was already expecting. Prices are up +2.7% over the last 12 months, up from the +2.6% pace of price increases for the 12 months ending in October. […]
Nasdaq Jumps 300 Points To Record Highs
Stocks are higher this afternoon, after this morning’s highly-anticipated CPI report met expectations. The Nasdaq Composite (IXIC) is up 300 points with help from a few heavy-hitting tech stocks, hitting record highs as it heads for its largest single-day percentage gain since early November. The S&P 500 Index (SPX) and Dow Jones Industrial Average (DJI) are modestly […]
